Latest Capital Raises News

Gorilla Gold reports a dramatic 340% increase in its Mulwarrie gold resource and ongoing high-grade discoveries at Comet Vale, backed by a $31.7 million capital raise to fuel further exploration.

SkyCity Entertainment Group reported a decline in FY25 revenue and earnings but remains confident in its FY26 outlook, underpinned by cost savings and strategic initiatives.

Firebird Metals has advanced its manganese-rich battery materials strategy with new Chinese patents, a significant kiln sales interest, and a A$6 million capital raise, alongside key leadership changes.

Enterprise Metals Limited reported promising drilling results and secured significant funding to advance multiple Western Australian projects in gold, copper, and rare earths exploration.

Waratah Minerals reports significant high-grade gold intercepts extending the Spur Gold Corridor by over 500m, alongside a A$30 million capital raise to accelerate exploration.

African Gold Limited reports robust September quarter results, confirming high-grade gold mineralisation at Blaffo Guetto and advancing exploration at Konahiri North, backed by a $16 million cash boost from a profitable Montage share sale.

Asian Battery Metals PLC advances its flagship Oval Cu-Ni-PGE discovery with Phase 3 drilling confirming mineralisation extensions and strong copper recoveries, while expanding its portfolio through a strategic option on the Maikhan Uul Cu-Au project.

Omnia Metals Group has completed its initial drilling at the Salt Creek Project with valuable geological insights, while securing a 50/50 joint venture over the promising Corvette Project and raising $1.58 million to fuel exploration and US acquisitions.

Krakatoa Resources has launched a major drilling campaign at its Zopkhito Antimony-Gold Project in Georgia, backed by a $3.1 million capital raise, while also expanding its rare earths landholding in Western Australia.

Leeuwin Metals reports promising high-grade gold intersections at its Evanston prospect, completing a 5,000m drill program with 31 assays pending, and secures $5.8 million to accelerate exploration at its Marda Gold Project.

Bindi Metals has acquired the Ravni gold project in Serbia, boasting significant high-grade gold mineralisation and historic workings. The company plans an IP geophysics survey and maiden drilling to unlock the project's potential.

Elixinol Wellness Limited (ASX – EXL) has launched a substantial options offer to placement investors and its lead manager, pending shareholder approval. The offer could reshape the company’s capital structure and potentially raise $4.4 million upon exercise.